Which of the Below Examples Indicates When the Time Is

question 279

Multiple Choice

Which of the below examples indicates when the time is right to initiate a business process change?

• A)The market being served makes a distinctive shift
• B)The company is below industry benchmarks on its core processes
• C)The company strategically passes or leapfrogs the competition on key decisions to regain competitive advantage
• D)All of the above

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Definitions:

Net Working Capital

The financial contrast between a company's short-term assets and its short-term obligations.

Fixed Assets

Long-term tangible assets used in the operation of a business that are not likely to be converted to cash in the short term, such as buildings, machinery, and equipment.

Financially Solvent

The ability of an individual or organization to meet its long-term financial obligations.

Cash Flow from Assets

A measure of the amount of cash generated by a company's investments in assets after accounting for financing and operations.